The author is an analyst of NH Investment & Securities. They can be reached at jaemin.ahn@nhqv.com. -- Ed. Covid-19 has facilitated the spread of Industry 4.0 throughout our daily lives. Today, many of us are truly living our lives online. Evolving from the O2O model, an online-oriented world is pre
The authors are analysts of NH Investment & Securities. They can be reached at minjae.lee@nhqv.com and ys.jung@nhqv.com, respectively. -- Ed. The government is encouraging domestic companies to participate in RE100, a collaborative initiative of influential businesses committed to 100% renewable pow
Business leaders of South Korea and the U.S. called for the revision of Section 232 of the United States Trade Expansion Act at the 32nd general meeting of the Korea-U.S. Business Council on Nov. 17.The meeting was jointly hosted by the Korean Federation of Industries and the U.S. Chamber of Commerc
The author is an analyst of KB Securities. He can be reached at joonsop.analyst@kbfg.com. -- Ed. 11st forges strategic alliance with Amazon — SK telecom’s subsidiary 11st forged a strategic alliance with Amazon (Korea Economic Daily, Nov. 14).— Amazon will acquire 0KRW50-300bn in 11st convertible pr
SK Telecom (SKT) has formed a strategic alliance with Amazon, the world's largest e-commerce company, the company announced on Nov. 16.With the collaboration, customers in Korea will be able to buy products from Amazon through SKT's e-commerce subsidiary, ‘11st’. This comes as part of 11st’s
Paradigm shiftInterest in the payment service sector is growing in line with higher non-cash and online payment amid Covid-19. While the spread of the virus is serving as a catalyst for online penetration in the payment market, we believe that a worldwide paradigm shift in the payment market has lon
The author is an analyst of NH Investment & Securities. She can be reached at jy.lee@nhqv.com. -- Ed. Online retail players to go publicThus far, no pure online retail players have gone public in Korea, as the market is fragmented and the majority of firms are in the red amid heated competition. Tha
The author is an analyst of NH Investment & Securities. She can be reached at jy.lee@nhqv.com. -- Ed. K-online market has been enjoying robust growthIn 1H20, Korea’s online retail penetration stood at 28%, showing the highest level along with China (28%), followed by the UK (26%) and US (16%). While
The author is an analyst of NH Investment & Securities. She can be reached at jy.lee@nhqv.com. -- Ed. NAVER dominating C2C market; Coupang leading B2C marketIn 2021, we expect online market restructuring centering on Coupang and NAVER to accelerate. The combined M/S of the two e-commerce players in
The author is an analyst of NH Investment & Securities. She can be reached at jy.lee@nhqv.com. -- Ed. Fragmented online shopping marketIn our view, the defining characteristic of the Korean online shopping market is fragmentation. In 2019, the Korean online market was crowded with multiple players—t
The author is an analyst of NH Investment & Securities. She can be reached at jy.lee@nhqv.com. -- Ed. There are many concerns in play over whether, once the Covid-19 crisis passes, there will be a rebound in offline retail activity or the online retail industry upturn will sustain. We believe that,
KT has declared that it will transform itself from a telecommunication company (telco) to a digital platform company (digico).“We will shift our focus from the telecommunications sector, where growth is stalled due to government regulations, to artificial intelligence (AI), big data, and cloud compu
South Korean investors’ foreign securities trading topped 100 trillion won in the third quarter of this year with individual investors’ preference for foreign stocks soaring and global stock markets rallying.The Korea Securities Depository announced on Oct. 22 that the trading value totaled US$91.06
Samsung Electronics announced on Oct. 20 that it has become number five in the Best Global Brands 2020 list announced by Interbrand, a global brand consulting company, with its largest-ever brand value of US$62.3 billion.This marked the first time that a Korean company has entered the top five list.
SK Telecom announced on Oct. 13 that it has released AI-based “Abnormal Cloud Cost Detection Solution” along with Bespin Global, a company specializing in cloud computing operations.The solution analyzes cloud use amounts and costs based on AI. It notifies operators of abnormal costs in real time, a
Following The New York Times, global travel website The Travel has picked Nongshim's Shin Ramen Black as the world's best ramen.The Travel selected Nongshim Shin Ramen Black as one of the four best ramen of the year, the other three being "Prima Taste Singapore Laksa La Mian" of Singapore, "
The author is an analyst of KB Securities. He can be reached at jeff.kim@kbfg.com. -- Ed. North American data center operators begin ordering server DRAM in 4Q20 We maintain BUY and our TP of KRW105,000 for SK hynix. Four North American data center operators (i.e., Amazon, Microsoft, Google and Face
The author is an analyst of Shinhan Investment Corp. He can be reached at sejonghong@shinhan.com. -- Ed. 3Q20 operating profit forecast at KRW10.1bn (-7.4% YoY)We expect Studio Dragon to have posted consolidated operating profit ofKRW10.1bn (-7.4% YoY) on sales of KRW144.3bn (+10.0% YoY) for 3Q20.Wi
Donginbi, Cheong Kwan Jang's premium red ginseng cosmetics brand, is now available on the world's largest e-commerce platform Amazon.Korea Ginseng Corp. (KGC) announced on Sept. 28 that it has opened a store on Amazon.com to target U.S. consumers who are interested in K-beauty and herbal cos
Samsung Electronics stood out in the U.S. online smartphone market in the second quarter of 2020. The Korean smartphone giant narrowed its online market share gap with Apple to one percentage point.Samsung Electronics accounted for 37 percent of the U.S. online smartphone market in the second quarte